Transaction Privilege Tax (TPT)

The transaction privilege tax rate for Prescott Valley is 2.33%, and is 2.83% effective January 1, 2016. For most business classifications, the combined rate for the State of Arizona and Yavapai County is 6.35%. Therefore, the total tax rate within the legal town limits for businesses is 8.68% through 2015. Effective January 1, 2016 it is 9.18%.

The tax code for the Town of Prescott Valley, Arizona is PL.  For Yavapai County, the code is YAV.
The transaction privilege tax (TPT) is commonly referred to as a sales tax. It is, however, the tax on the privilege of doing business in Arizona and is not a true sales tax. The seller is liable for the tax but may pass the burden of the tax on to the purchaser. For complete details, refer to the Arizona Revised Statutes at ARS, the Arizona Department of Revenue at AZDOR or the Model City Tax Code at MCTC. The Town of Prescott Valley is a Program City and, as such, the Arizona Department of Revenue collects our transaction privilege (sales) tax on our behalf.

If you are in the business of selling tangible personal property ("items") to someone else who plans to use the items and not rent or resell them, you owe retail sales tax. You owe the tax whether or not the tax was added to the price of the items sold.

Municipal Tax Code
View the 2011 Municipal Tax Code (PDF).

Quarterly Sales Tax Report
View the latest Quarterly Sales Tax Report (PDF).

Business Classes/Codes
View the latest Business Classes & Codes